BUSINESS

TH's profit distribution for year 2022 to be announced early Q2

01/03/2023 08:50 PM

KUALA LUMPUR, March 1 (Bernama) -- Lembaga Tabung Haji (TH) will announce its profit distribution for Year 2022  in the second quarter of this year after its financial position has been audited and approved.

TH in a statement today informed that the decision took into account the recommendations for improvement as well as the initial feedback of the Royal Commission of Inquiry (RCI), in line with TH's efforts to strengthen the operation, management and governance of the country's Haj institution.

“Previously, TH’s profit distribution was declared in the first quarter of the year based on its initial financial position.

"TH continues to remain committed to providing sustainable and stable profit distribution in line with the mandate of its establishment to manage the savings of Malaysian Muslims for the purpose of completing the fifth pillar of Islam," read the statement.

-- BERNAMA

 

 


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